- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- Eminent domain
- A key concept referenced by the Eminent Domain Value: Estimate just compensation for property taken under eminent domain. Government must pay fair market value (FMV). Calculation: independent appraisal vs government offer, severance damages for partial taking, business loss estimates.
- Just compensation
- A key concept referenced by the Eminent Domain Value: Estimate just compensation for property taken under eminent domain. Government must pay fair market value (FMV). Calculation: independent appraisal vs government offer, severance damages for partial taking, business loss estimates.
- Condemnation value
- A key concept referenced by the Eminent Domain Value: Estimate just compensation for property taken under eminent domain. Government must pay fair market value (FMV). Calculation: independent appraisal vs government offer, severance damages for partial taking, business loss estimates.
- Inverse condemnation
- A key concept referenced by the Eminent Domain Value: Estimate just compensation for property taken under eminent domain. Government must pay fair market value (FMV). Calculation: independent appraisal vs government offer, severance damages for partial taking, business loss estimates.
- Government property taking
- A key concept referenced by the Eminent Domain Value: Estimate just compensation for property taken under eminent domain. Government must pay fair market value (FMV). Calculation: independent appraisal vs government offer, severance damages for partial taking, business loss estimates.